Victorian Plumbing Group plc (LON:VIC) Declares Dividend of GBX 1.09

Victorian Plumbing Group plc (LON:VIC) declared a dividend on Wednesday, January 15th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, February 6th will be paid a dividend of GBX 1.09 ($0.01) per share on Friday, March 7th. This represents a yield of 1.14%. The ex-dividend date is Thursday, February 6th. This is an increase from Victorian Plumbing Group’s previous dividend of $0.52. The official announcement can be accessed at this link.

Victorian Plumbing Group Stock Up 2.1 %

Shares of LON:VIC traded up GBX 2 ($0.02) during trading on Friday, hitting GBX 98 ($1.20). 99,683 shares of the company were exchanged, compared to its average volume of 614,084. The firm’s 50 day moving average price is GBX 105.98 and its 200-day moving average price is GBX 102.10. Victorian Plumbing Group has a 12-month low of GBX 74.80 ($0.92) and a 12-month high of GBX 124 ($1.52). The company has a debt-to-equity ratio of 89.32, a current ratio of 1.57 and a quick ratio of 1.05. The stock has a market capitalization of £319.19 million, a P/E ratio of 2,450.00, a PEG ratio of 0.51 and a beta of 1.03.

Analyst Upgrades and Downgrades

Several research firms have issued reports on VIC. Canaccord Genuity Group restated a “buy” rating and issued a GBX 132 ($1.62) price objective on shares of Victorian Plumbing Group in a research note on Tuesday, October 15th. Shore Capital reissued a “buy” rating on shares of Victorian Plumbing Group in a research report on Thursday, November 21st.

Victorian Plumbing Group Company Profile

Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.

The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.